The rapid spread of the coronavirus from China and beyond has caused a rapid and sudden halt to tourism throughout…
Hospitality revenue managers are a unique breed. The language they speak is not always compatible with the language of group…
Last week, I spoke to Suneel Grover, senior solutions architect for digital intelligence at SAS, about how better data and…
NB: This is an article written By : Marco Benvenuti Too many people in the hotel industry who purport to…
What is hotel forecasting for a revenue manager?! Actually it is just one part of all his/her duties, BUT it…
Hotel forecasting is the ultimate resource for anticipating the future performance of hotel’s key metrics – occupancy, ADR (Average Daily…
NB: This is an article written By : Young Nguyen Two key factors are shaping today's hotel performance – consumer…
Forecasting is an essential part of effective revenue management. Not only is a forecast a prediction of potential outcomes, but…
NB: This is an article Source By : Joyce Gioia, Strategic Business Futurist Every year at about this time, we…
The revenue management position did not exist in most hotels prior to 1990, and even today does not show up…
NB: This is an article written By :Bob Mcgarrah Moving from opinion-based forecasting to fact-based forecasting. Forecasting sales is never…
Forecasting is the process of estimation in unknown situations. All successful revenue management strategies are based on the ability to…
Flexible pricing, flat rate, dynamic pricing ,and floating rates, all Revenue Management (RM) must begin with a scientific approach to…
NB: This is an article written By :Ken Burgin With smart 'future-watching', you can adjust capacity to reflect the level…